West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 14, 2025 is estimated to be $600 Million, with a cash option of 277.2 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Oct 14, 2025

Draw Date	Jackpot	Cash Option
Tue Oct 14, 2025	$600,000,000	$277,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$277,200,000
Federal Tax(24%)	$66,528,000
Additional Federal Tax	$35,996,330
State Tax(6.5%)	$18,018,000
Net Lumpsum Payment	$156,657,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,030,600	-$3,301,652 -$586,989	$5,141,959
2	$9,482,400	-$3,468,818 -$616,356	$5,397,226
3	$9,956,400	-$3,644,198 -$647,166	$5,665,036
4	$10,454,400	-$3,828,458 -$679,536	$5,946,406
5	$10,977,000	-$4,021,820 -$713,505	$6,241,675
6	$11,526,000	-$4,224,950 -$749,190	$6,551,860
7	$12,102,000	-$4,438,070 -$786,630	$6,877,300
8	$12,707,400	-$4,662,068 -$825,981	$7,219,351
9	$13,342,800	-$4,897,166 -$867,282	$7,578,352
10	$14,010,000	-$5,144,030 -$910,650	$7,955,320
11	$14,710,200	-$5,403,104 -$956,163	$8,350,933
12	$15,445,800	-$5,675,276 -$1,003,977	$8,766,547
13	$16,218,000	-$5,960,990 -$1,054,170	$9,202,840
14	$17,029,200	-$6,261,134 -$1,106,898	$9,661,168
15	$17,880,600	-$6,576,152 -$1,162,239	$10,142,209
16	$18,774,600	-$6,906,932 -$1,220,349	$10,647,319
17	$19,713,000	-$7,254,140 -$1,281,345	$11,177,515
18	$20,698,800	-$7,618,886 -$1,345,422	$11,734,492
19	$21,733,800	-$8,001,836 -$1,412,697	$12,319,267
20	$22,820,400	-$8,403,878 -$1,483,326	$12,933,196
21	$23,961,600	-$8,826,122 -$1,557,504	$13,577,974
22	$25,159,800	-$9,269,456 -$1,635,387	$14,254,957
23	$26,417,400	-$9,734,768 -$1,717,131	$14,965,501
24	$27,738,600	-$10,223,612 -$1,803,009	$15,711,979
25	$29,125,200	-$10,736,654 -$1,893,138	$16,495,408
26	$30,582,000	-$11,275,670 -$1,987,830	$17,318,500
27	$32,110,800	-$11,841,326 -$2,087,202	$18,182,272
28	$33,716,400	-$12,435,398 -$2,191,566	$19,089,436
29	$35,402,400	-$13,059,218 -$2,301,156	$20,042,026
30	$37,172,400	-$13,714,118 -$2,416,206	$21,042,076